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Nationwide offers 125% mortgage

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07-09-2009, 01:04 PM

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Nationwide offers 125% mortgage

In a surprise move, Nationwide Building Society is offering a new mortgage with a loan-to-value (LTV) ratio of 125%.The deal is only available to existing customers who are in negative equity and need to move house. Even then borrowers will be selected very carefully.The building society says it can provide a loan for 95% of [...]

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